Austrian Economics

1. Prize: Karol Zdybel (Warsaw, Poland) 2. Prize: Alan Futerman (Rosario, Argentina) 3. Prize: Mark O’Kane (Lancashire, UK) Essays had been judged by an international jury. They will be posted after their defense at the ‘International Vernon Smith Prize Ceremony’ on February 6, 2017 in Vaduz, Principality of Liechtenstein. The 9th International Vernon Smith Prize for the […]

by Dr. Emanuele Canegrati and Dr. Keith Weiner* According to the latest data released by the European Central Bank on September 2, the outstanding amount of the central bank’s outright operations touched nearly €1.3T, with the lion’s share going to the public sector purchase program (nearly €1T). Table 1 shows the outstanding amount for every […]

Essay by Dr. Tillmann C. Lauk; presentated at the ECAEF Workshop, in Bratislava on September 8, 2016  Since the GFC1 of 2008 all central banks of the Triade are pursuing the same monetary policies. All central banks of the advanced-/over-indebted economies stick to this recipe. The main tools are QE2, ZIRP3 and NIRP4 and possibly in the […]

Semantic Traps: Politics with Loaded Terms A Seminar for Scholars, Journalists and Entrepreneurs “One must always repeat the truth, because even the error around us is preached again and again. And not from individuals but from the crowd.” J.W. von Goethe When political speech writers pen speeches for presidents, prime ministers, and other influential dignitaries, […]

An Introduction to the Austrian School of Economics (Seminar) Understanding how society works features a comprehensive innovative curriculum in Austrian Economics, LIECHTENSTEIN ACADEMY tries to get entrepreneurs, individuals and key opinion leaders in politics, the media, and academia interested. We are not awarding degrees. However, our world-class faculty will grant a degree for the individual […]